Massive rising wedge channel from the dotcom bubble. Pair that with a weekly rising wedge and you have the possibility of a double top fake out and collapse. This idea is much more on the speculative side. But the path I drew is my estimation of what will happen. Pair it with the RSI and MACD on the monthly and weekly and you might see why I can see such...
As we can see a symmetrical triangle there are more chance of upward breakout however if there is a breakout downward the tp and sl would be opposite as shown in the diagram the support has been tested twice and seem to be a strong support so a buy can be made if the price holds however if the price breaks so we should wait for the confirmation by letting the...
